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Advanced Health Intelligence (ASX:AHI) Retained Earnings : A$0.00 Mil (As of Sep. 2023)


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What is Advanced Health Intelligence Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Advanced Health Intelligence's retained earnings for the quarter that ended in Sep. 2023 was A$0.00 Mil.

Advanced Health Intelligence's quarterly retained earnings declined from Mar. 2023 (A$0.00 Mil) to Jun. 2023 (A$-75.30 Mil) but then increased from Jun. 2023 (A$-75.30 Mil) to Sep. 2023 (A$0.00 Mil).

Advanced Health Intelligence's annual retained earnings declined from Jun. 2021 (A$-42.53 Mil) to Jun. 2022 (A$-62.61 Mil) and declined from Jun. 2022 (A$-62.61 Mil) to Jun. 2023 (A$-75.30 Mil).


Advanced Health Intelligence Retained Earnings Historical Data

The historical data trend for Advanced Health Intelligence's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Advanced Health Intelligence Retained Earnings Chart

Advanced Health Intelligence Annual Data
Trend Apr15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only -23.16 -28.47 -42.53 -62.61 -75.30

Advanced Health Intelligence Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23 Sep23 Mar24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -66.51 - -75.30 - -

Advanced Health Intelligence Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Advanced Health Intelligence  (ASX:AHI) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Advanced Health Intelligence (ASX:AHI) Business Description

Traded in Other Exchanges
Address
71-73 The Esplanade, Unit 5, South Perth, Perth, WA, AUS, 6151
Advanced Health Intelligence Ltd (AHI) is engaged in developing and delivering user-friendly biometric scans to render vital signs and health risk estimates to a smartphone. By leveraging the smartphone with purpose-built computer vision, machine learning models, and patented algorithms, AHI provides a private and secure way for individuals to perform biometric health-risk assessment and stratification. AHI's technology delivers simple-to-use, scalable, and cost-effective means to enable individuals to check, track and act towards better health outcomes. The combination of the patented and proprietary BodyScan dimensioning and composition capabilities and, FaceScan to return vital signs enables a unique health assessment capability made accessible anytime, anywhere through the smartphone.